Toby Is Going News Today

Sudden, because, where were subsidizing and go and get higher taxes and the third part of the triple whammy, and it goes to the inefficient federal government or the inefficient state governments and all of the roads and bridges and stuff could and should be privatized and thats where you get innovation like the hot lane which no government could ever come up with, that one come up with private enterprise and the greenway, for crying out loud. and instead of giving this money to the country that...

So sure. right, it is, im not sure its about tort reform, why wouldnt this have been an issue way back when? its not. >> if you look at texas, 250,000 cap on this and services went down and the care went up. >> okay, toby, be a good boy, too, all right? all right, now, julian. >> what the doctors are talking about is the fee for system and multiple doctors, fee for service system and the system is like asking a butcher, how much meat you want to eat and where it spends about 16% of the grosse po...

Right direction. >> lets not freak out over one month. when you take the predictions, you take the data and add it up into a trend and gary, youre a chart man. oh, my god, the sky is falling, 120,000 jobs. if we had 130,000 jobs in the home survey different than the corporate survey we would have had much bigger numbers. let be calm. >> and whats the economy collapsing because of recession, in 2000 we had the housing market. where is the big part of the economy thats shrinking fast thats going t...

Involvement, fed involvement, where is the growth? >> you tell me. >> and here, the crux of our question is, 120,000 jobs is not going to grow us out of this malaise. and nobody argues that, but to garys point. they were saying that, blah, blah and blah, all the bad stuff that the the administration has done for the last three years, dude, thats already priced in. weve gotten the-- >> somebody answer that phone! >> the second thing, we have another leg of maybe six months of this morras of peopl...

Grosse pointe woo gdp and i think that-- >> 2% gdp. most of us look at it three quarters full. >> i know youre excited, todd. well get to you in a minute. gary b, youre concerned about growth, arent you? >> first of all, i think that todd needs one of tobys dividend doobies to calm down a little bit. and second of all, im concerned. and ill give the half full case first. the fed has been put in a lot of cheap money into the economy, thats the good news. its still sloshing around out there and i ...

Monday, everybodys going to be selling. >> todd, its not going to be great. whoever thought 280,000 jobs on the dividend, but the bigger issue containing growth and-- >> did you ever think you might agree with toby? >> no, i agreed with toby last time i was on and agree with him. >> yes, he did, and hes a handsome man. >> and probably in the extreme minority. toby is right look the at big picture. the first quarter this have year is the best performance in terms of job creation in the last six y...

Jobs created, 70% of them actually are of the low income variety. he retail, hospitality, leisure, not the jobs for sustained growth. if you have negative growth, that means were headed into recession and the document and data, everything for us. >> brenda: i dont know, toby is going, oh, oh. >> one month doesnt mean anything, you know that better than anybody. and if you look at the overall data, these are anomalies through the numbers and dont get focused on that, we had the markets down becau...

Those numbers are gradually up and thats-- >> and thats, look, guys, if you really want to-- >> the report. >> hold on, hold on. >> all of these are torn points, you have to look at the long view here. >> brenda: todd, lets hear julian. >> i know todd-- quiet! >> let julian go, please. >> please. >> i think were missing a couple of points and i take whoever was, tobys point about corporate taxes, but taxes on most americans are at historic lows right now. one, two is i do think that we have to t...